Bitcoin has been struggling this year with the coin dropping over 30% off the all-time high. However, it looks like price has managed to find a way out of a recent range. Bitcoin experienced a very strong upward move and rallied over 15% in just 30 minutes. Price jumped from around $31,850 to almost $37,000. As it is usually the case for cryptocurrencies there was no news accompanying the move. Gains are slowly being erased at press time.
Bitcoin experienced a massive surge and has jumped from around $31,850 to over $37,000 in 30 minutes. Source: xStation5
Daily Summary: Earnings Season Kicks Off on Wall Street Amid Mixed Sentiment
Market Wrap: European Stocks Rise as Banks Beat Earnings Expectations
Morning Wrap: OpenAI Revenue Concerns Weigh on Wall Street
Bitcoin Hits a Wall. Will “Uptober” Bring a Crypto Correction?